When the tax season opens, most of the refund-seeking taxpayers ensure to get back their refunds as quickly as possible. IRS, on the other hand has general response for all the taxpayers who are very much eager to know their refund schedule and the exact time to get back their refund. It has been estimated that IRS usually issue the 9 refunds out of 10 in just initially 21 days. So, you may expect to get back your refunds not more than three weeks after you have filed your tax return.
But, it is crucial for you to know that the tax refund schedule is just an estimation, you can’t consider it as final schedule for tax refund. Delays are possible sometime due to which the refunds may take longer than 21 days to get credited into your account. It is suggested that all taxpayers must use reliable online sources to file their tax returns because they process your file quickly and you can expect to get back the refunds in shortest time possible. If you decide to mail your tax return, then your tax refunds can be delayed and it may take several weeks for refund.
Although IRS endeavours to issue 9 out of 10 refunds in very less time of 21 days, but there are some circumstances that may delay the Tax Refund Schedule. Sometime the tax return may require additional reviews and hence the process of refund may get longer than usual.
To make the odds work in your favour, you are advisable to do two crucial things.
IRS recognizes the significance of electronic filing of tax return through its “Where’s My Refund” online tool. Taxpayers using the electronic filing can make use of this online tool to check the tax refund schedule and status of their refunds within 24 hours after filing their tax return.
You can check the status and Tax Return Schedule roughly after 72 hours of receiving the confirmation and acknowledgment from IRS about getting your tax refund. You are requested to wait for at least 3 weeks after filing your tax return through mail. You may visit the “Where’s My Refund” page on IRS website or call to inquire about your tax status.